Fortuna Silver Mines Inc (TSE:FVI) (NYSE:FSM) Director Durant Jorge A. Ganoza acquired 131,800 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were bought at an average price of C$4.51 per share, for a total transaction of C$594,418.00.

Fortuna Silver Mines Inc (TSE FVI) opened at 5.82 on Friday. Fortuna Silver Mines Inc has a 52 week low of $5.42 and a 52 week high of $10.32. The company has a market capitalization of $926.68 million and a price-to-earnings ratio of 22.73. The firm has a 50-day moving average price of $5.79 and a 200-day moving average price of $6.19.

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A number of brokerages have weighed in on FVI. National Bank Financial decreased their target price on Fortuna Silver Mines from C$8.00 to C$7.75 and set an “outperform” rating on the stock in a research note on Wednesday, August 16th. CIBC decreased their target price on Fortuna Silver Mines from C$9.00 to C$8.00 in a research note on Wednesday, August 16th. Canaccord Genuity restated a “buy” rating and issued a C$8.50 target price on shares of Fortuna Silver Mines in a research note on Thursday, September 7th. Finally, Scotiabank decreased their target price on Fortuna Silver Mines to C$7.50 and set a “sector perform” rating on the stock in a research note on Friday. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of C$8.46.

Fortuna Silver Mines Company Profile

Fortuna Silver Mines Inc is a Canada-based mining company engaged in silver mining and related activities in Latin America, including exploration, extraction and processing. The Company operates the Caylloma silver, lead, and zinc mine (Caylloma) in southern Peru and the San Jose silver and gold mine (San Jose) in southern Mexico.

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